Europe Hydrolyzed Collagen Market Growth and Analysis by 2027
Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027Europe Hydrolyzed Collagen Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Source (Bovine, Porcine, Poultry, Marine, and Others) and Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, and Others)
- Report Date : Apr 2021
- Report Code : TIPRE00021053
- Category : Food and Beverages
- Status : Published
- Available Report Formats :
- No. of Pages : 106
The Europe hydrolyzed collagen market is expected to grow from US$ 230.79 Mn in 2019 to US$ 341.95 Mn by 2027; it is estimated to grow at a CAGR of 5.1% from 2020 to 2027.
Brazil and Argentina are major economies in Europe. The companies are continuously improving the overall business processes to meet the customers' demand for superior quality products and services in the best possible way. The demand for personal care and cosmetic products is escalating in Europe due to the increasing beauty consciousness among individuals. The populace is spending heavily on these products to look young and radiant. Thus, growing consumer demand for products that offer multiple benefits and nourishing qualities to attain the perfect skin and body augments the demand for hydrolyzed collagen in the cosmetics and personal care industry. In addition to this, the rising aging population is further contributing to the demand for anti-aging products. Thus, the rising geriatric population will augment the market since hydrolyzed collagen is a significant ingredient in anti-aging creams owing to its moisturizing and skin healing properties. Also, leading personal care and cosmetic products manufacturers invest in research and development to produce unique and innovative products that meet the evolving customer demands and sustain in the industry. Hence, such developments in the cosmetic industry are considered to create lucrative opportunities for the hydrolyzed collagen market players in the coming years. As the COVID 19 pandemic continues to grow, it has hampered the hydrolyzed collagen market in Europe. The European region is hugely affected by a coronavirus, owing to a massive number of cases in Russia, the country is the most crucial manufacturer and industrial producer since it trades more manufacturing goods than any other country in the region.
With the new varieties and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe hydrolyzed collagen market. The Europe hydrolyzed collagen market is expected to grow at a good CAGR during the forecast period. With rise in health awareness among consumers, the demand for hydrolyzed collagen products is expected to continue to grow during the projected period. The popularity of hydrolyzed collagen has increased within the region, particularly in Germany, France, and the UK. Transforming lifestyle trends with regard to food supplements and beverages has had a noteworthy influence on the hydrolyzed collagen market in Europe. Two major trends that are shaping the hydrolyzed collagen market future are scaling demand for food supplements with extra nutrients and anti-aging beauty products. Such evolving lifestyle trends amid the food supplement industry are also anticipated to remarkably influence the purchasing decision of consumers. Thus, the manufacturers of food supplements in this region are adapting their offerings in accordance with prolonging sophistication in consumer preferences and facilitate supplements that would appeal to the expectations of consumers. This has boosted the demand for hydrolyzed collagen in Europe.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Europe Hydrolyzed Collagen Market Segmentation
Europe Hydrolyzed Collagen Market – By Source
- Bovine
- Porcine
- Poultry
- Marine
- Others
Europe Hydrolyzed Collagen Market – By Application
- Food & Beverages
- Pharmaceuticals & Nutraceuticals
- Personal Care
- Others
Europe Hydrolyzed Collagen Market – By Country
- Germany
- France
- UK
- Italy
- Russia
- Rest of Europe
Europe Hydrolyzed Collagen Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 230.79 Million |
| Market Size by 2027 | US$ 341.95 Million |
| Global CAGR (2020 - 2027) | 5.1% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Source
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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